US government urges court to reject Coinbase user’s crypto records fight

IRS and Coinbase User Case: The US government has urged the Supreme Court not to hear a case from Coinbase user James Harper, who challenges the IRS's right to access his crypto transaction records, arguing that he has no Fourth Amendment protection over data shared with Coinbase.

Coinbase Data Breach: Coinbase recently disclosed a data breach affecting about 1% of its users, where attackers accessed sensitive information by bribing customer support staff, leading to multiple lawsuits against the exchange for inadequate security measures.